Director of Finance

Job Description

Job Description

The City of Bangor is seeking candidates for the position of Finance Director.  This is a highly visible leadership position, responsible for ensuring the City's financial resources are properly utilized, accounted for, and safeguarded. This includes the planning, directing, and coordinating the accounting, budgeting, treasury, auditing, and debt management operations of the city.  

The Finance Director is responsible for ensuring the City’s financial resources are properly utilized, accounted for, and safeguarded; and oversees certain divisions. This includes the planning, directing, and coordinating the accounting, budgeting, treasury, auditing, and debt management operations of the City as prescribed by policy, statute, and local ordinances. ESSENTIAL FUNCTIONS: This list is meant to be an overview and should not be considered all-inclusive.  Serves as a high-level leader in the organization reporting directly to the City Manager, providing insight and support to current and future programs and goals for all functions of the City. Provides support and direction to Department Directors and Division Heads on a variety of procedures and processes.  Plans, organizes, directs and reviews budget preparation and execution, revenue collection, fund accounting, and internal auditing for the City within established deadlines; develops revenue estimates and prepares City’s annual budget for submittal to City Manager and City Council; administers budget upon approval.  Leads departmental personnel management activities including: recruitment and development, performance evaluations, and corrective action of employees.  Monitors all City department accounts by following prescribed accounting policies and statutes, reviewing departmental budget requests, and advising department heads of proper accounting procedures and practices.  Supervises disbursement of all City monies, and controls all expenditures to assure budget appropriations are not exceeded.  Assists City Manager and other officials with developing and implementing City policies, procedures and projects, including: bond issues, financial forecasting and analyses, capital improvements investment of City monies, and other financial, budgeting and operating policies.  Oversees the development and implementation of departmental policies, procedures, and systems to provide appropriate internal financial controls and improve operational efficiency. Finance Director Page 1 of 4  Ensures compliance with the issuance of debt. This may involve serving as main liaison with Municipal bond Rating Agencies, City Financial Advisor, Bond Counsel, and other local financial institutions; and negotiating short-term revenue notes or tax anticipation loans based on analyses and estimates of municipal bank balances, receipts, and expenditures.  Coordinates City efforts as required to ensure accuracy and timelines of annual outside financial audit; coordinates City response to any audit findings and recommendations included in management letter.  Assists other key executive staff in understanding and complying with standard accounting/budgeting procedures, grant application and management, developing cost-benefit analyses of various City programs and services, developing cost of service information related to establishing fees for service, and responding to financial questions from the Council, the Manager, and the public.  Continually reviews City’s overall financial and budgetary status, identifies areas of potential financial problems and weaknesses and brings these to the attention of the City Manager and City Council along with recommendations on how to address these problems.  Attends City Council sub-committee(s) and full City Council meetings, as appropriate or required; prepares agenda items and informational reports as required/necessary; develops and presents policy and operational recommendations to the City Manager/City Council.  Represents City and Department before civic, professional and community groups; acts as primary spokesperson for the department through issuance of public statements and interaction with the media.  Handles information requests/complaints from the public as related to the Finance Department; explains departmental and City policies to the public; ensures that public service and effective communication with the public are a priority of the department.

The City of Bangor provides a great number of services to our citizens across a dozen departments. From plowing roads to emergency response to registering your vehicle, the City of Bangor does it all. We take pride in the variety of services we offer including a major Airport in Maine, a regional transit system, one of two Public Health Departments in the State, and the more typical type of service that our citizens have come to expect.

Our community is the third largest in Maine with just over 31,000 residents with a large influx during the day as commuters arrive to begin their workday. Nicknamed the “Queen City”, we boast several local colleges, full-service convention center, and a waterfront concert venue that draws large crowds to Bangor every year.

Come join our team and be a part of our public service commitment to thousands of Mainers.

Company Description

The City of Bangor provides a great number of services to our citizens across a dozen departments. From plowing roads to emergency response to registering your vehicle, the City of Bangor does it all. We take pride in the variety of services we offer including a major Airport in Maine, a regional transit system, one of two Public Health Departments in the State, and the more typical type of service that our citizens have come to expect.\n\nOur community is the third largest in Maine with just over 31,000 residents with a large influx during the day as commuters arrive to begin their workday. Nicknamed the “Queen City”, we boast several local colleges, full-service convention center, and a waterfront concert venue that draws large crowds to Bangor every year.\n\nCome join our team and be a part of our public service commitment to thousands of Mainers.